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Developer’s plan to build affordable and market-rate housing in separate Greenpoint towers draws ‘heartbroken’ response from Community Board 1

Community Board 1 reacts with outrage to TF Cornerstone's plan to build segregated affordable and market-rate towers in Greenpoint, calling it a reversal of hard-won housing policy and morally offensive.

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A major developer is proposing to build affordable and market-rate housing in two entirely separate towers on Greenpoint’s East River waterfront, and Community Board 1 members are calling it classist and a direct reversal of years of community-won housing policy, according to the Brooklyn Downtown Star.

At a June 9 CB1 meeting, the development firm TF Cornerstone presented plans for two residential towers on a vacant lot: a 792-unit market-rate building at 10 Noble Street and a 267-unit, 100% affordable building at 2 Oak Street. The developer is applying a universal affordability preference, or UAP, to the project (a zoning mechanism that allows developers to build 20% more housing in medium- and high-density residential districts if the additional units are permanently affordable). Because TF Cornerstone is building under existing zoning rules rather than seeking a rezoning, the project bypasses the lengthy public review process a rezoning would trigger, the Star reported.

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